Trump NFT Series 4 Pulls in $2.17 Million, Trading Paused Until 2025
Amid the upcoming Presidential election hype, Donald Trump has become the pro-crypto stan. Many suspect it to be a political event, but some call it a change of heart amid the industry’s growing popularity. However, despite the controversy on crypto, Donald’s favor in NFTs is clear as the president has launched four successful NFT card collections, with the most recent Trump NFT Series 4 going live just recently.
Similar to the previous collection, NFT International LLC launched this series, where each card costs $99.
Trump NFT Series 4 Hits Market With $2.17 Million Sale
After the success of the previous three collections, Trump NFT series 4, “The America First Collection,” went live on August 27 with instant success. Within two days of the events, the collection has gained 22,000 polygon network sales, making more than $2.17 million in sales per Onchain data. However, this is just the beginning, as Analysts believe the current sale is only 6% of the potential as the collection has 360,000 NFTs.
On analyzing the hype and previous sales, the revenue could surpass $35 Million. Interestingly, there are already 1,196 holders of the series and 22,195 transactions. With this, Trump has made more than & 7 million from all the collections. This became more significant as just recently Trump’s Crypto wealth was revealed, showing his high Ethereum holding and profits from NFT collections.
Interesting Facts About This Trump NFT Collection
This Trump NFT collection had some interesting features, leaving the investors astonished. Though all of the Trump NFT series had him in a different look, this one had a different vibe. Moreover, there are many more interesting facts about the collection, including him showcasing his shift towards crypto as he has been holding Bitcoin (BTC) in many pictures.
Additionally, the people who purchased at least 15 trading cards will receive the physical card delivered. It will also include a torn piece of Trump’s suit, which he wore during the Presidential debate with Joe Biden. Further, Donald Trump will sign five of the cards, making them extra special. Lastly, people who bought at least 75 cards will receive an invitation to join a gala dinner in Florida at Trump’s country club in Jupiter.
However, there is one special restriction that disappointed many enthusiasts. These NFTs cannot be sold on secondary markets until January 31, 2025, pushing the trading on hold for months. In one way, it might be unfair for many. However, the demand will increase with time as a limited number of people will access it from the beginning.
Final Thoughts
Trump NFT Series 4 has hit the market with success, where $2.17 Million worth of sales has been made in just two days. Many have calculated the hype and future worth of all these NFTs to come to around $35 Million following the NFT count of 360,000. However, there is one major limitation on these collectible cards as the trading is on hold until 31, 2025. It is to work on updates and build the demand for these pieces.
With these, the shift of the ex-president towards crypto stands highlighted as he was holding Bitcoin in many cards. This came at the perfect time, as Donald Trump promoted crypto project as a solution against big Banks earlier. Now, this has built his image even stronger among crypto holders
The post Trump NFT Series 4 Pulls in $2.17 Million, Trading Paused Until 2025 appeared first on CoinGape.
Welcome to Billionaire Club Co LLC, your gateway to a brand-new social media experience! Sign up today and dive into over 10,000 fresh daily articles and videos curated just for your enjoyment. Enjoy the ad free experience, unlimited content interactions, and get that coveted blue check verification—all for just $1 a month!
Account Frozen
Your account is frozen. You can still view content but cannot interact with it.
Please go to your settings to update your account status.
Open Profile Settings